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America Needs Your House!!

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America Needs Your House!! | Simplifying The MarketThe biggest challenge in today’s real estate market is a lack of housing inventory. How big of a challenge is the housing shortage? Here are what four industry economists are saying on the issue (emphases added): Mark Fleming, First American’s Chief Economist “The underlying fundamental issue is an overwhelming lack of supply… The supply of […]
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Homeowners: Do You Know Your Home’s Value?

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Homeowners: Do You Know Your Home’s Value? | Simplifying The MarketThe latest edition of CoreLogic’s Home Price Index shows that nationally, home prices have appreciated 6.7% over the last year and 0.9% month-over-month. The release of the report included this headline,  “National Home Prices Now 50% Above March 2011 Bottom” The real estate market has come a long way since 2011, which is great news […]
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How Your Home’s Value Grows Your Family’s Wealth

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How Your Home’s Value Grows Your Family’s Wealth | Simplifying The MarketOver the next five years, home prices are expected to appreciate 3.64% per year on average and to grow by 18.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on a $250,000 home in January. […]
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14,904 Homes Sold Yesterday… Did Yours?

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14,904 Homes Sold Yesterday… Did Yours? | Simplifying The MarketThere are some homeowners who are patiently waiting to get the price they hoped for when they originally listed their houses for sale. Something these homeowners might want to take into consideration is the fact that if their homes haven’t sold yet, maybe they’re not priced properly. After all, 14,904 houses sold yesterday, 14,904 will sell today, and […]
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